Leases and Commitments

12 Months Ended

Dec. 31, 2014

The Company leases a portion of its facilities, transportation equipment, data processing equipment and certain other equipment. These leases have terms from 1 to 20 years and provide for renewal options. Generally, the Company is required to pay taxes and normal expenses of operating the facilities and equipment. As of December 31, 2014, the Company is committed under non-cancelable operating leases, which have initial or remaining terms in excess of one year and expire on various dates through 2024. Lease expenses were approximately $23,568,000 in 2014, $24,726,000 in 2013 and $24,205,000 in 2012.

The amount of buildings and equipment capitalized in connection with capital leases was $12,169,000 and $13,435,000 at December 31, 2014 and 2013, respectively. At December 31, 2014 and 2013, accumulated amortization was $4,993,000 and $6,942,000, respectively, which is included in depreciation expense.

Future minimum operating and capital lease commitments, as of December 31, 2014, are as follows (in thousands):



Year	Capital Leases			Operating Leases
2015	$	1,315		$	18,549
2016	1,312			11,718
2017	1,307			7,238
2018	685			4,006
2019	478			2,198
Thereafter	956			1,106
Total future minimum lease payments	6,053			$	44,815
Amounts representing interest	(1,060		)
Present value of minimum lease payments	$	4,993

- Definition

The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing.

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